Home Business Insurance World Continental Re Champions Digital Transformation with ₦70m ICT Project At CIFM
Insurance World

Continental Re Champions Digital Transformation with ₦70m ICT Project At CIFM

Share
Share

From left: IT Infrastructure Manager, Continental Reinsurance, Kayode Faseyitan; Chief Finance Officer, Jane Mberia; Executive Director (Technical), Continental Reinsurance Plc, Chukwuemeka Akwiwu; Managing Director, Continental Re, Dr. Fatai Lawal, President, Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori; Deputy President, Mr. Jide Orimolade; Rector, College of Insurance and Financial Management (CIFM), Dr. Chizoba Ehiogu; Former CIIN President, Mr. Edwin Igbiti; and Treasurer, Mrs Adetutu Arusuika,

Continental Reinsurance has once again demonstrated its commitment to driving growth and innovation in Africa’s insurance industry through impactful investments in education and technology.

In line with its long-standing corporate social responsibility and talent development initiatives, the company recently partnered with the College of Insurance and Financial Management (CIFM) and the Chartered Insurance Institute of Nigeria (CIIN) to establish a cutting-edge ICT facility at the college.

The ₦70 million “M.H. Koguna IT Lab” — named in honour of Continental Reinsurance’s first Chairman — was conceived by Group Managing Director, Mr. Lawrence Nazare, in December 2024, and successfully brought to life under the leadership of Managing Director, Dr. F.K. Lawal.

The project underscores the company’s dedication to fostering digital learning and equipping the next generation of insurance professionals with essential technological skills.

At the official launch held on Tuesday,  industry leaders and stakeholders gathered to celebrate this milestone. Among the dignitaries present were Dr. F.K. Lawal, Executive Director Mr. Emeka Akwiwu, Regional Director (Lagos) Mr. Ogadi Onwuaduegbo, CIIN President Mrs. Yetunde Ilori, and Chairman of the CIFM Board, Mr. Jide Orimolade. Together, they highlighted the project’s significance in shaping a more innovative, resilient, and technology-driven insurance sector for the future.

Share
Related Articles

AXA Mansard Integrates WhatsApp Healthcare Assistant

L-R: The Commissioner for Insurance/CEO, National Insurance Commission(NAICOM), Mr. Olusegun Omosehin, ably...

Sovereign Trust Insurance Boosts Asset Base by 43% to ₦40.47 Billion in H1 2026

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has released its unaudited financial results...

ASF Outbreak: Leadway Assurance Urges Nigerian Pig Farmers to Tighten Biosecurity

BY NKECHI NAECHE-ESEZOBOR—Following the recent African Swine Fever (ASF) outbreaks across parts...

NAICOM Reaffirms Support for Takaful Growth ahead of Noor Takaful’s 10th Anniversary

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has restated its commitment to...